Senate Democrats smash GOP rivals in latest fundraising report, but will it lead to victory in November? – Fox News | Region & Cash

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The leading outside group working to elect and re-elect Democratic senators has slammed its Republican rival in the latest quarterly fundraising reports.

The Senate Majority PAC reported Monday that it brought in $48.8 million for the second quarter of 2022 from April to June, which it says is the largest monthly gain this cycle so far. The group, which first shared its fundraising numbers with Fox News, surpassed the pro-Republican Senate Leadership Fund by over $11 million.

It’s the latest example of Democrats holding the upper hand in fundraising over their GOP peers as they try to hold on to their razor-thin majority in November’s midterm elections.

“Money isn’t everything, but it certainly plays a role, and I think I’d much rather be in the position of these Democratic candidates than the Republicans,” said Justin Barasky, a longtime adviser to the Democrats and a veteran official on the Democratic Party’s campaign committee Senior Advisor in last cycle, Fox News said.

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But veteran Republican strategist Colin Reed pointed to the extremely unfavorable political climate — fueled by record inflation and President Biden’s deeply negative approval ratings — that Democrats are facing in the midterm elections, emphasizing: “If 85% to 90% of the country think we’re headed in the wrong direction, depending on which poll you’re looking at, there’s nothing Democrats can do to buy their way out of the political hole they’re in.

If you look at the numbers, fundraising by the four Democratic incumbents heavily targeted by the GOP has been overwhelming.

Senator Raphael Warnock, D-Ga., questions Treasury Secretary Janet Yellen during a Senate Committee on Banking, Housing and Urban Affairs hearing at the Dirksen Senate Office Building in Washington May 10, 2022 in Washington, DC. (Photo by Tom Williams-Pool/Getty Images)
((Photo by Tom Williams-Pool/Getty Images))

Sen. Raphael Warnock of Georgia brought in a whopping $17.3 million over the past three months, with Sen. Mark Kelly of Arizona bringing in $13.6 million, Sen. Catherine Cortez Masto of Nevada bringing in $7.5 million and Sen. Maggie Hassan from New Hampshire $5.1 million. All four Democrats — who are considered vulnerable as they run for re-election in key battleground states — have dramatically outperformed their Republican challengers.

In another key battleground state – Pennsylvania Lt. gov. John Fetterman, the Democratic Senate nominee, doubled the fundraising for GOP nominee Mehmet Oz, the heart surgeon and famous doctor. It was a similar story in swing state North Carolina, where Democratic nominee and former chief justice of the state Cheri Beasley dramatically outstripped her Republican opponent – Rep. Ted Budd.

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In the race for Ohio open senate seats, Rep. Tim Ryan, the Democratic nominee, defeated GOP nominee JD Vance in the campaign cash dash, and Democratic Rep. Val Demings, who is challenging Florida Sen. Marco Rubio, surpassed the Republican incumbents by nearly $8 million in donations.

“There is an undeniable enthusiasm to hold and expand the Democratic Senate majority,” argued Barasky, who serves as senior adviser to Ryan’s Senate campaign.

Fox News' 2022 Democracy Senator Power rankings show five toss-up seats, four of which are currently held by Democrats.

Fox News’ 2022 Democracy Senator Power rankings show five toss-up seats, four of which are currently held by Democrats.
(Fox News)

And Barasky cited the move by the conservative majority of the Supreme Court last month to overturn the landmark Roe v. Wade ruling and send the controversial issue of legalized abortion back to the states, blaming “recent events in which Republicans have taken sides Punishing women and criminalizing women and their doctors for having an abortion has only served to bring to the fore what happens when Republicans are in charge. As a result, Democrats are raising record amounts in Senate elections across the country.”

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In discounting the Democratic campaign’s monetary advantage, Republicans refer to the 2020 election, when the Democrats defeated the Republicans in Senate fundraising but lost a few key contests before narrowly winning the Georgia runoff on Jan. 5, 2021. to win the majority.

“Republicans like to point out that Democrats raised a lot of money last cycle and still lost a few races. But they conveniently forget that the Democrats won the Senate last cycle,” Barasky noted.

“Fundraising isn’t the be-all and end-all of every race, but it helps. And many of the races that Republicans are citing to prove that these fundraising deficits they are facing don’t matter have been in very trying states for Democrats,” Barasky pointed out. “That’s not the map we’re looking at right now. These are competitive states, and Republicans are behind in most of them.”

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Reed noted, “There is no doubt that the political left in this country has perfected the art of fundraising and some of these numbers you are seeing from the second quarter financial reports are staggering. Republicans need to acknowledge that.”

But he argued that “as we have seen over the past several years, no amount of political resource can gloss over or overcome either flawed candidates or challenging political climates and environments.”

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